The Plot to Overthrow FDR
- Publication date
Investigation of Nazi Propaganda Activities And Investigation Of Certain Other Propaganda Activities, Public Statement Special Committee On Un-american Activities - House Of Representatives
The Business Plot To Overthrow RooseveltIn the summer of 1933, shortly after Roosevelt's "First 100 Days," America's richest businessmen were in a panic. It was clear that Roosevelt intended to conduct a massive redistribution of wealth from the rich to the poor. Roosevelt had to be stopped at all costs. The answer was a military coup. It was to be secretly financed and organized by leading officers of the Morgan and Du Pont empires. This included some of America's richest and most famous names of the time:
- Irenee Du Pont - Right-wing chemical industrialist and founder of the American Liberty League, the organization assigned to execute the plot.
- Grayson Murphy - Director of Goodyear, Bethlehem Steel and a group of J.P. Morgan banks.
- William Doyle - Former state commander of the American Legion and a central plotter of the coup.
- John Davis - Former Democratic presidential candidate and a senior attorney for J.P. Morgan.
- Al Smith - Roosevelt's bitter political foe from New York. Smith was a former governor of New York and a codirector of the American Liberty League.
- John J. Raskob - A high-ranking Du Pont officer and a former chairman of the Democratic Party. In later decades, Raskob would become a "Knight of Malta," a Roman Catholic Religious Order with a highpercentage of CIA spies, including CIA Directors William Casey, William Colby and John McCone.
- Robert Clark - One of Wall Street's richest bankers and stockbrokers.
- Gerald MacGuire - Bond salesman for Clark, and a former commander of the Connecticut American Legion. MacGuire was the key recruiter to General Butler.
- 2016-05-09 01:56:28
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